Sunday, 15 Jun 2025
Subscribe
logo
  • Global
  • AI
  • Cloud Computing
  • Edge Computing
  • Security
  • Investment
  • Sustainability
  • More
    • Colocation
    • Quantum Computing
    • Regulation & Policy
    • Infrastructure
    • Power & Cooling
    • Design
    • Innovations
    • Blog
Font ResizerAa
Data Center NewsData Center News
Search
  • Global
  • AI
  • Cloud Computing
  • Edge Computing
  • Security
  • Investment
  • Sustainability
  • More
    • Colocation
    • Quantum Computing
    • Regulation & Policy
    • Infrastructure
    • Power & Cooling
    • Design
    • Innovations
    • Blog
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Data Center News > Blog > Colocation > Bain Capital and Aquila Group partner to build a leading sustainable data centre platform
Colocation

Bain Capital and Aquila Group partner to build a leading sustainable data centre platform

Last updated: November 10, 2024 8:08 pm
Published November 10, 2024
Share
Bain Capital and Aquila Group partner to build a leading sustainable data centre platform
SHARE

As a part of the cooperation, Bain Capital is buying an 80% stake in AQ Compute, the info centre subsidiary of Aquila Group. This strategic alliance, with a focused multi-billion Euro funding quantity, is aimed toward considerably accelerating AQ Compute’s plans to develop and function sustainable information centres for hyperscale and AI clients throughout Europe.

Based by Aquila Group in 2020, AQ Compute gives modular and AI-ready information centre and colocation providers, primarily powered by clear vitality. With important funding, the corporate launched its first sustainable information centre close to Oslo in 2024, with extra initiatives underway in Barcelona, Milan and past. Bain Capital helps this progress by way of its capital funding and world experience within the information centre trade, together with its profitable growth of Bridge Knowledge Centres in Asia. Collectively, the companions purpose to construct a number one European information centre platform, utilising clear vitality wherever possible.

Ali Haroon, a Companion at Bain Capital, mentioned: “The European information centre sector presents a horny market alternative, pushed by strong cloud demand, a necessity for high-performance computing and AI deployments, and information sovereignty throughout the area. By this partnership with Aquila Group, we deliver a differentiated, renewable vitality angle to sort out the ever-growing energy challenges on this essential a part of Europe’s infrastructure.”

Rafael Coste Campos, a Managing Director at Bain Capital, added: “We’re thrilled to deliver our deep European actual property sector experience and our multi-layered expertise rising corporations with advanced infrastructure providers, tenant relationships and expertise attraction to AQ Compute. Leveraging our world information centre experience, we’re well-positioned to satisfy the wants of this ever rising and critically essential sector and to construct a market main information centre operation in Europe.”

See also  Digital Realty and Mitsubishi Corporation create data center joint venture

Michael Huber, a Principal at Bain Capital mentioned: “Having invested greater than $1 billion in actual property over the previous three years, Bain Capital’s first European funding in information centres means we now have a very world platform. This funding will profit from and complement our expertise investing in and constructing one of many largest information centres in Asia – Chindata and backing DC BLOX within the US.”

Roman Rosslenbroich, Co-founder and CEO of Aquila Group, commented: “By our partnership with Bain Capital, we’re effectively positioned to increase AQ Compute’s capabilities and solidify its function as a key participant in Europe’s digital infrastructure. The fast progress in information calls for presents each a problem and a possibility — whereas extra information centres are important, they have to be sustainable. Aquila will make investments a number of hundred-million euros alongside Bain Capital’s bigger dedication, with Aquila Capital offering co-investments. With our continued 20% stake, we’ll guarantee AQ Compute’s progress aligns with our long-term imaginative and prescient for sustainable infrastructure, leveraging synergies with Aquila Clear Power, a significant developer and impartial energy producer within the clear vitality area.“

Markus Holzer, Chairman of AQ Compute, mentioned: “At AQ Compute, we’re uniquely positioned to satisfy the rising demand for information processing by combining modern, AI-ready infrastructure with a dedication to sustainability. This partnership with Bain Capital not solely accelerates our growth pipeline but additionally permits us to set new requirements in sustainable information centre operations throughout Europe.”

Source link

TAGGED: Aquila, Bain, Build, Capital, centre, data, Group, Leading, Partner, Platform, sustainable
Share This Article
Twitter Email Copy Link Print
Previous Article Boston Materials Boston Materials Raises $13.5M in Funding
Next Article Glint Solar Glint Solar Closes $8M Series A Funding
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe
LinkedInFollow
MediumFollow
- Advertisement -
Ad image

Popular Posts

Global VC activity declines in Q3 | NVCA 1st look

GamesBeat Subsequent is nearly right here! GB Subsequent is the premier occasion for product leaders…

October 3, 2024

Microsoft Cloud Growth Constrained by Data Center Shortage

(Bloomberg) -- Microsoft stated its cloud-computing enterprise will proceed to develop slowly within the present…

January 30, 2025

Data Center Colocation Market to Surge with CAGR of 7% by

Dublin, March 15, 2024 (GLOBE NEWSWIRE) -- The "Global Data Center Colocation Market - Outlook…

March 16, 2024

HPE and Danfoss put excess data center heat to use

Megawatts to negawatts “The advantages are fast, because the warmth energy that has been captured…

June 23, 2024

OKAPI:Orbits Raises €13M in Seed Funding

OKAPI:Orbits, a Braunschweig, Germany-based area site visitors administration options supplier, raised €13M in Seed funding.…

April 25, 2025

You Might Also Like

Reddit sues Anthropic for scraping user data to train AI
AI

Reddit sues Anthropic for scraping user data to train AI

By saad
Battery-free RFID sensing system offers real-time, reliable data
Innovations

Battery-free RFID sensing system offers real-time, reliable data

By saad
Klein Funding and Bybit Partner to Launch a New Era of Crypto Prop Trading
Investments

Klein Funding and Bybit Partner to Launch a New Era of Crypto Prop Trading

By saad
Why next gen tech needs smarter, greener data centres
Global Market

Why next gen tech needs smarter, greener data centres

By saad
Data Center News
Facebook Twitter Youtube Instagram Linkedin

About US

Data Center News: Stay informed on the pulse of data centers. Latest updates, tech trends, and industry insights—all in one place. Elevate your data infrastructure knowledge.

Top Categories
  • Global Market
  • Infrastructure
  • Innovations
  • Investments
Usefull Links
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2024 – datacenternews.tech – All rights reserved

Welcome Back!

Sign in to your account

Lost your password?
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkNoPrivacy policy
You can revoke your consent any time using the Revoke consent button.Revoke consent